As Homes Foreclose in U.S., Squatters Move In

A new generation of squatters emboldened by America’s housing foreclosure crisis.

For squatters, foreclosed homes like this are like a camp-ground with free camping,” says real-estate broker Marc Charney, a foreclosure specialist, as he enters the home in Brockton, Massachusetts, and shines a flash-light at a mattress where homeless people have been sleeping each night.

Squatting is on the rise across the United States as foreclosures surge, eviction notices mount and homes go unsold for months, complicating the worst U.S. housing slump in a quarter century and forcing real-estate brokers to enlist the help of law enforcement and courts to sell empty houses.

IYFR: Back in 2000, when George Bush stole the White House, we said this will be the worst Presidency in history. Our off the cuff, on air, comments included a potential disaster in housing, a possible war, rising gas prices. We even joked about food and water shortages.

In retrospect, we’re sorry to the American people for putting that out there.  While little consolation, at least we didn’t vote for this clown … twice.   

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